Ready to test your Knowledge?
Try out our new practice tests completely free!
exam preparation banner icon

Macroeconomics Canada Study Set 2

Business

Quiz 9 :

The Exchange Rate and the Balance of Payments

Quiz 9 :

The Exchange Rate and the Balance of Payments

search
arrow
The lower the exchange rate, the
Free
Multiple Choice
Answer:

Answer:

E

arrow
If the exchange rate is 80 U.S.cents per Canadian dollar, then
Free
Multiple Choice
Answer:

Answer:

A

arrow
The law of demand for foreign exchange states that other things remaining the same,
Free
Multiple Choice
Answer:

Answer:

B

arrow
Foreign currency is
Multiple Choice
Answer:
arrow
Refer to the table below to answer the following questions. Table 9.1.1 img -Refer to Table 9.1.1.Between 2016 and 2017, the dollar _______ versus the euro and _______ versus the yen.
Multiple Choice
Answer:
arrow
Currency depreciation is a reduction in the
Multiple Choice
Answer:
arrow
Suppose that the following situation exists in the foreign exchange market: 1 Canadian dollar buys $0.80 U.S, and 1 Canadian dollar buys 9 South African rand.How many U.S.dollars will one rand buy?
Multiple Choice
Answer:
arrow
Suppose that the Canadian dollar exchanges for 0.80 U.S.dollars and also for 0.60 euros.A U.S.dollar exchanges for
Multiple Choice
Answer:
arrow
Suppose that the following situation exists in the foreign exchange market: 1 Canadian dollar buys $0.80 U.S, and 1 Canadian dollar buys 5.0 Chinese yuan.How many yuan will $1 U.S.buy?
Multiple Choice
Answer:
arrow
The exchange rate is the
Multiple Choice
Answer:
arrow
If the exchange rate is above the equilibrium exchange rate in the foreign exchange market,
Multiple Choice
Answer:
arrow
The law of supply of foreign exchange states that other things remaining the same,
Multiple Choice
Answer:
arrow
If the Canadian dollar depreciates, it means that
Multiple Choice
Answer:
arrow
The market in which the currency of one country is exchanged for the currency of another country is the
Multiple Choice
Answer:
arrow
Suppose that the following situation exists in the foreign exchange market: 1 Canadian dollar buys 7.2 Chinese yuan and 1 Canadian dollar buys 5.77 South African rand.How many yuan will one rand buy?
Multiple Choice
Answer:
arrow
The higher the exchange rate, all other things remaining the same, the
Multiple Choice
Answer:
arrow
Which of the following factors influence the demand for Canadian dollars?
Multiple Choice
Answer:
arrow
Refer to the table below to answer the following questions. Table 9.1.1 img -Refer to Table 9.1.1.Between 2016 and 2017, the yen
Multiple Choice
Answer:
arrow
Suppose the dollar- yen foreign exchange rate changes from 140 yen per dollar to 130 yen per dollar.Then the yen has
Multiple Choice
Answer:
arrow
Appreciation of a currency means
Multiple Choice
Answer:
Showing 1 - 20 of 121